U.S. stocks climbed Friday morning with the government reporting better than expected figures for the nation's gross domestic product.
Stocks found support from optimism in Asian and European markets, headed higher for a second consecutive day following the European Central Bank president pledge to support the euro.
The Bureau of Economic Analysis on Friday said the U.S. GDP rose 1.5 percent in the second quarter compared to the first, slightly better than the consensus forecast of 1.3 percent.
The agency also revised its first quarter estimate higher, estimating growth from January through March at 2 percent.
In midmorning trading on Wall Street, the Dow Jones industrial average added 71.06 points or 0.55 percent to 12,958.99. The Standard & Poor's 500 index added 10.12 points or 0.74 percent to 1,370.14. Tech-heavy Nasdaq composite index gained 17.75 points or 0.61 percent to 2,911.00.
The benchmark 10-year treasury note fell 18/32 to yield 1.506 percent.
The euro rose to $1.2361 from Thursday's $1.2283. Against the yen, the dollar rose to 78.39 yen from 78.22 yen.
In Tokyo, the Nikkei 225 index rose 1.46 percent, 123.54, to 8,566.64.
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